Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Medical Equipment Maintenance Market worth $74.2 billion by 2026

admin by admin
January 23, 2022
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, January 14, 2022 ) According to the new market research report, “Medical Equipment Maintenance Market by Product (Imaging (MRI, CT, PET-CT, ultrasound, X-ray), Endoscopes, Lasers, Ventilators, Dialysis, Monitors), Provider (OEM, ISO, In-house), Service (Preventive, Operational), User (Hospital, ASCs) – Forecast to 2026″, is projected to reach USD 74.2 billion by 2026 from USD 45.2 billion in 2021, at a CAGR of 10.4% during the forecast period.

Browse and in-depth TOC on “Medical Equipment Maintenance Market”

241 – Tables

53 – Figures

320 – Pages

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69695102

Growth Boosting Factors:

The growth of this market is mainly driven by the growing number of medical vendors across globe, increasing adoption of patient-specific medical devices. Moreover, Growth in this market is primarily driven by the rising focus on preventive medical equipment maintenance, growth in associated equipment markets, adoption of innovative funding mechanisms, and the increasing purchase of refurbished medical equipment. However, the high initial costs and significant maintenance expenditure may hinder the growth of this market during the forecast period.

The diagnostic imaging equipment of device type segment to hold major market share by 2026

Based on device type, the medical equipment maintenance market is segmented into diagnostic imaging equipment, patient monitoring & life support devices, endoscopic devices, surgical equipment, ophthalmology equipment, medical lasers, electrosurgical equipment, radiotherapy devices, dental equipment, laboratory equipment, and durable medical equipment. Among the device type, the diagnostic imaging equipment segment held a major share of the market in 2020.

This segment includes services such as preventive maintenance, operational maintenance, corrective maintenance, software services, and expert services for training programs for biomedical technician teams of healthcare facilities. The increasing demand for maintenance services for diagnostic imaging equipment is attributed to their substantial replacement cost and the need to ensure maximum equipment uptime is a key factor encouraging the growth of this segment during the forecast period.

Based on application, the preventive maintenance segment is expected to account for the largest share of the Medical Equipment Maintenance market in 2020

On the basis of service type, the medical equipment maintenance market is segmented into corrective, preventive, and operational maintenance. Among these, the preventive maintenance segment dominated the market in 2020. Technological advancements in medical devices and the consequent need for their preventive maintenance are expected to drive the growth of this market segment

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=69695102

The multi-vendor OEMs segment is expected to register the highest growth rate during the forecast period

Based on service provider, the medical equipment maintenance market has been segmented into multi-vendor OEMs, single-vendor OEMs, ISOs, and in-house maintenance. Significant market growth and a large share of the multi-vendor OEMs segment can primarily be attributed as large number of healthcare providers opt for maintenance services offered by OEMs owing to their service quality, wide geographic presence, strong technical expertise, and easy access to spare parts (resulting in reduced downtime). Also, multi-vendor service contracts eliminate the complexity of dealing with multiple OEMs and external suppliers.

North America is expected to dominate the global medical equipment maintenance market in 2020

North America, comprising the US and Canada, accounted for the largest share of the medical equipment maintenance market in 2020. Increasing number of vendors manufacturing for medical equipment maintenance and a growing number of approvals for advanced, medical devices are the major factors driving market growth in North America. Customers in North America are moving towards outsourcing maintenance services for curbing expense, which is increasing demand for medical equipment maintenance. This trend will have a positive impact on the medical equipment maintenance market.

GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Medtronic plc (Ireland), and FUJIFILM Holdings Corporation (Japan), Canon, Inc. (Toshiba Medical System Corporation, Japan), Agfa-Gevaert Group (Belgium), Carestream Health, Inc. (US), Drägerwerk AG & Co. KGaA (Germany), Hitachi Medical Corporation (Japan), Althea Group (Italy), Olympus Corporation (Japan), B. Braun Melsungen AG (Germany), KARL STORZ GmbH & Co. KG (Germany), and Aramark Services, Inc. (US) among others are some of the major players operating in the Medical Equipment Maintenance market.

Speak to Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=69695102

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com



Source link

Previous Post

Fuel Tank Inerting and Fuel Systems Market Forecast to Reach $13.6 Billion by 2026

Next Post

Ceramic Sanitary Ware Market worth $44.6 billion by 2025

RelatedPosts

Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms
Press

Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms

 (EMAILWIRE.COM, March 27, 2023 ) The Growth in the metagenomic sequencing market is mainly driven by continuous technological...

by admin
March 27, 2023
Press

Graphene Nanoplatelets Market expected to grow at a CAGR 37.40 percent of during the forecast period

(EMAILWIRE.COM, March 27, 2023 ) As per the Maximize Market research, a global business and consultancy firm, the...

by admin
March 27, 2023
Press

GPS Tracking Device Market Worth $5.7 Billion in 2028

(EMAILWIRE.COM, March 27, 2023 ) The GPS tracking device market is projected to grow from USD 3.1 billion...

by admin
March 27, 2023
Press

IoT in Healthcare Market Size, Share, Trends, Analysis and Forecast to 2028

(EMAILWIRE.COM, March 27, 2023 ) According to a research report "IoT in Healthcare Market by Component (Medical Device,...

by admin
March 27, 2023
Load More

Advertize

Latest Post

Black Hats are becoming the biggest threats to Nigeria’s budding digital economy

Black Hats are becoming the biggest threats to Nigeria’s budding digital economy

by admin
March 29, 2023

USTR Releases 21st Annual Report to Congress on China’s WTO Compliance, while Biden Administration Releases its 2023 Trade Policy Agenda | Perspectives & Events

USTR Releases 21st Annual Report to Congress on China’s WTO Compliance, while Biden Administration Releases its 2023 Trade Policy Agenda | Perspectives & Events

by admin
March 29, 2023

Middle East airports need $151bn investment by 2040 – Arabian Business

by admin
March 27, 2023

Israeli parliament OKs 2023-24 state budget in preliminary vote

Israeli parliament OKs 2023-24 state budget in preliminary vote

by admin
March 27, 2023

French Refining Is Barely Running as Strikes Enter Week Four

French Refining Is Barely Running as Strikes Enter Week Four

by admin
March 27, 2023

How the U.S. Can Lead on Tech Regulation

How the U.S. Can Lead on Tech Regulation

by admin
March 27, 2023

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2023 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™